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Capital Management - Senior Financial Analyst

Charlotte, North Carolina;New York, New York

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:

This job is responsible for capital reporting and analytics, including calculating risk-weighted assets, measuring and monitoring Global Systematically Important Bank (G-SIB) scores, developing reports for Lines of Business (LOB) stakeholders, and implementing new models. Key responsibilities may also include developing LOB capital forecasts and producing peer analytics and impact assessments for new transactions, products and proposed rule changes.

Responsibilities:

• Analyzes business balance sheet and risk-weighted assets identifying optimization opportunities

• Ensures process, documentation, and procedures align with rule conformance of Basel capital requirements

• Consolidates and delivers monthly Basel III capital results, explaining key drivers of variances

• Provides transactional support for live transactions

• Assists and educates business partners about capital, regulatory requirements, providing recommendations on how to operate in a capital efficient manner

• Facilitates capital forecasting for strategic planning and capital planning purposes, including stress testing

• Monitors portfolios to anticipate capital needs and financial resource use

Required Qualifications

• Minimum of5years industry experience working with financial products

• Advanced Excel, Modeling, Data Manipulation

• In-depth understanding of GSIB Recovery and Resolution Planning Requirements

• Regulatory Capital experience

• Effectively work with other business partners

• Demonstrates effective written communication skill, taking complex information and information and communicating succinctly

• Demonstrates effective oral communication skill

• Comfortable communicating across various levels of the organization

• Demonstrates the ability to be a self-starter, with a desire to challenge the status quo and go beyond what is asked

• Attention to detail, comfortable functioning in a highly-dynamic, ever-changing environment, always meets or beats deadlines, manages multiple responsibilities simultaneously

• Acts with courage and conviction, speaks and acts with confidence, appropriately shares his/her opinion stands up for what is right even in challenges and able to make difficult decisions

Desired Qualifications:

• BS/BA in Finance, Accounting, Economic, or Quantitative fields

• MS Access

• Forecast/Planning experience

• Project Management experience

• Financial Statement Analysis experience

• Comfortable working with complex Financial Products

• Project Management

Skills:

• Analytical Thinking

• Data and Trend Analysis

• Financial Forecasting and Modeling

• Reporting

• Scenario Planning and Analysis

• Adaptability

• Attention to Detail

• Policies, Procedures, and Guidelines

• Regulatory Compliance

• Risk Management

• Benchmarking

• Business Acumen

• Critical Thinking

• Financial Management

• Interpret Relevant Laws, Rules, and Regulations

Shift:

1st shift (United States of America)

Hours Per Week:

40

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

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To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE .

This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.